GBPUSD – FlatDaily chart: ADX is close to trend area and growing. This means that no purchases are considered. Н4: an active trend ADX, we are waiting for activation of sellers and drop to 28th figure. Н1: at this local level, correction to the middle Bollinger band (1.2981) still may take place. There the best possible entry points along the downtrend are concentrated. The main scenario – touch of 1.2900, then a pullback towards 1.2981 and only after that the main phase of the descending movement to the 28th figure The alternative scenario – a direct drop to the 28th figure Trading solutions: sales to 1.28 (the best possible point – from 1.2981)
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
You may check other analytical reviews on the web-site of FreshForex company. Source: freshforex.com.
